Ready to buy your next property?
Do you need to sell your existing home or could you turn it into an investment?
Understanding how to purchase your next home can be challenging.
Let us assist you in determining your cash flow position and help you formulate a strategy to purchase your next home.
Contact us today to determine your next steps on how to purchase your next property.
Bridging Loans
Home to home
A bridging loan enables you to purchase a new home without having to wait before your existing home is sold.
In a perfect world, we would all be able to precisely match up the dates that we sell our existing home and purchase a new one. But in the real world, amid price fluctuation and market uncertainty, many of us find our new dream home before we sell our existing one off.
This type of finance is not for everyone as you need at least 40-50% of equity built into your current home in order to qualify for this loan.
